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Sold on 02 May 2024 - Price Unavailable

73-75 Kremzow Road
Brendale QLD 4500

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2415m2
Land area: 3901m2
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Property Details for 73-75 Kremzow Rd, Brendale

Building Type
Commercial
Floor Size
2415m2
Land Size
3901m2
Local Government
Moreton Bay
Lot/Plan
86/SP101775

Last Listing description (May 2024)

RWC Queensland is pleased to offer 73-75 Kremzow Road, Brendale for sale via Public Auction Thursday 02 May 2024, 3pm (AEST).

Nestled within Brendale's thriving industrial landscape, 73-75 Kremzow Road offers a prime investment opportunity. This property comprises three units totaling 2,415sqm*, constructed with secure tilt panel construction, ensuring both durability and longevity. Strategically positioned along Kremzow Road, it boasts a commanding 78m street frontage. Tenants include Architectural Windows and Doors occupying two units, and Stoke Furniture leasing the largest unit until 2028. Brendale's reputation for attracting leading businesses ensures stable occupancy, with low vacancy rates indicating strong demand. Ideal for investors seeking stable returns in Brendale's dynamic commercial real estate market.

Property Features:

• Rare industrial investment offering with diversified income stream
• $317,967.42 net annual income + outgoings + GST
• Outgoings 100% recoverable
• Three units totaling 2,415sqm*
• 3,901sqm* Regular shaped allotment
• 2.5 year WALE
• Prominent location with 78m street frontage along Kremzow Road
• Secure tilt panel construction offering low maintenance requirements
• Potential rental uplift
• Low vacancy rates reflecting strong demand in the area.

In a market characterised by stability and growth potential, this property presents an enticing opportunity for investors aiming to capitalise on Brendale's dynamic industrial sector.

The auction will be held In-Rooms at Level 26/111 Eagle Street, Brisbane at 3:00pm (AEST).

Please contact the exclusive marketing agents from RWC Queensland to arrange an inspection.

*Approximately

Property History for 73-75 Kremzow Rd, Brendale, QLD 4500

A timeline of how this property has performed in the market
Last Sold
02 May 2024
Listed for Rent
$2.78k/w
01 Jun 2023
  • 02 May 2024
    Sold for $6,315,000
  • 08 Apr 2024
    Listed for Sale For Sale via Public Auction
  • 02 Feb 2023
    Listed for Rent - Price not available
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About Brendale 4500

The size of Brendale is approximately 10.7 square kilometres. It has 23 parks covering nearly 14.9% of total area. The population of Brendale in 2011 was 1,846 people. By 2016 the population was 2,762 showing a population growth of 49.6% in the area during that time. The predominant age group in Brendale is 20-29 years. Households in Brendale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Brendale work in a clerical occupation. In 2011, 56.3% of the homes in Brendale were owner-occupied compared with 40% in 2016.

Brendale has 3,079 properties. Over the last 5 years, Houses in Brendale have seen a 90.84% increase in median value, while Units have seen a 87.33% increase. As at 31 July 2024:

  • The median value for Houses in Brendale is $757,369 while the median value for Units is $530,201.
  • Houses have a median rent of $560 while Units have a median rent of $505.
There are currently 20 properties listed for sale, and 35 properties listed for rent in Brendale on OnTheHouse. According to CoreLogic's data, 208 properties were sold in the past 12 months in Brendale.

Suburb Insights for Brendale 4500

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Contact agent
Brocke Hambrecht
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Andrew Doyle
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RWC Queensland
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.